StockWatch
·
Iron & Steel Products
Shareholding9 Jun 2026, 10:41 am

Shine Star Build Cap Acquires 11.81% Stake in Aanchal Ispat

AI Summary

Shine Star Build Cap Pvt Ltd has disclosed its acquisition of 500,000 equity shares, representing 11.81% of the paid-up equity share capital of Aanchal Ispat Ltd. This acquisition occurred on June 5, 2026, through a Qualified Institutions Placement (QIP). Following this, Shine Star Build Cap's total holding in Aanchal Ispat stands at 11.81%. The total equity share capital of Aanchal Ispat increased from 2,833,331 shares to 4,233,331 shares post-acquisition.

Key Highlights

  • Shine Star Build Cap acquired 11.81% stake in Aanchal Ispat.
  • Acquisition was made via Qualified Institutions Placement (QIP).
  • 500,000 equity shares were allotted to Shine Star Build Cap.
  • Total equity capital of Aanchal Ispat increased post-acquisition.